Longview Wellness Center Inc

Analysis

Longview Wellness Center Inc is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Longview Wellness Center Inc reported income of $34.4m and spending of $34.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.7m to $34.4m (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Longview Wellness Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Alegent Health-Community Memorial Hospital of Missouri Valley Iowa ($34.4m), Northern Counties Health Care Inc ($34.4m) and Star Community Health Inc ($34.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $1.2m (3.4% of expenses). Other salaries and wages came to $17.1m. At year end it held assets of $19.4m against liabilities of $7.2m, net assets of $12.2m. It reported 371 employees.